A trade group for the nation's big airlines predicts that air travel over the Labor Day weekend will rise 2 percent from the same holiday last year. Nine leading U.S. carriers earned $3.8 billion in the first half of this year, allowing them to pay down debt, reward shareholders and order new planes.» Read More
From lawyers in Paris to factory workers in China and bodyguards in Colombia, worldwide unemployment could hit 50 million by the end of 2009, the New York Times reports.
Hey, China got it right. Why couldn't we?
The third most popular topic of discussion these days — after layoffs, of course, and unscrupulous money managers that create near-worthless portfolios for their investors — is out-of-control executive compensation.
It's a testament to how crappy the prospects of young people are that even when the economy was roaring, we would still take these unpaid positions just to fill out our resumes.
Another round of layoffs was announced on Thursday, adding to the gloom over rising unemployment.
U.S. retail sales edged up in January for the first time in seven months. Are we finally seeing a light at the end of the tunnel?
The pace of corporate layoffs picked up sharply in January 2009, reflecting the worsening US recession.
The recession is forcing households across the country to change their perceptions about who provides for the family.
As more breadwinners are being laid off, couples everywhere are finding themselves faced with new challenges to tackle as a team.
If you’ve recently faced a layoff or cutback at your job, there’s a lot you can do at the executive level in the realm of volunteering that will help others while (as a bonus), simultaneously serving as a resume-builder in the meantime.
NOT SEEN ON T.V.: From job hunting expenses to medical bills, find out what you can deduct that you may not have known.
NOT SEEN ON T.V.: Brad feels underappreciated at his job. Should he suck it up and be happy to be employed or do something to change how he's perceived?
This is a call to action for all corporate leaders to rein in their own wretched excesses and voluntarily re-invest part of their lofty salaries and perks to keep employees on the payroll.
At a site where people review their employers and reveal their pay, the number of reviews which include the words "layoff" and "severance" has doubled in six months. People are talking less about moving up or out of a company. They just want to keep the jobs they have.
Recently at dinner when the food arrived, the baked potato was cold, and the broth from the stew had evaporated - or, I could only hope, been stolen. A manager stopped by to check on things. We told her the story about dinner. She looked sad.
Paul McCulley, managing director of Pimco, says he is looking for more details on the bank rescue plan than Treasury Secretary Timothy Geithner's is willing to provide.
Treasury Secretary Tim Geithner defended his newly announced financial bailout plan, telling CNBC that "the financial crisis is enormously complicated" and will take time to resolve.
Here's a comparison of the $838 billion economic recovery plan passed by the Senate with an $820 billion version passed by the House.
A resume is required for a job search but is also useful even if you stay just where you are. By forcing yourself to write your resume, you conduct an audit of your career to date.
With 401k's crashing and 7.6% unemployment (the highest since 1992) no one doubts the need for government intervention, especially in the form of an economic stimulus package.